Answer:
B- a savings account
Explanation:
The savings account is liquid and it offers cash to be withdrawn from bank when needed. Keeping huge amount of cash in the house is not safe. The best way is to keep money in the savings account, as it offers liquidity as well as fixed returns annually. This will be safer and easier way to store emergency cash.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Currently, the unit selling price of a product is $125, the unit variable cost is $105, and the total fixed costs are $460,000. A proposal is being evaluated to increase the unit selling price to $130.
Break-even point= fixed costs/ contribution margin
A) Break-even point= 460,000/(125-105)= 23,000 units
B) Break-even point= 460,000/ (130 - 105)= 18,400 units
The settlement option that provides for ongoing payments for
a period of time is called annuity. The annuity is a type of insurance contract
in which they provide an individual an annual income for a long period of time
such as an example of this is a pension.
.........................
